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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) of THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: June 26, 1997
i-STAT CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-19841 22-2542664
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(State or other jurisdiction of (Commission (I .R.S Employer
incorporation or organization) file number) Identification No .)
303A College Road East, Princeton, NJ 08540
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(Address of Principal Executive Offices)
(609) 243-9300
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(Registrant's telephone number including area code)
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Item 5. Other Events.
On June 26, 1997, i-STAT Corporation (the "Company") issued and sold to
accredited investors 1,850,000 shares (the "Shares") of the Company's common
stock, par value $.15 per share. The aggregate offering price for the Shares was
$24,512,500. The Shares were issued pursuant to Section 4(2) and Rule 505 of
Regulation D promulgated under the Securities Act of 1933. Allen & Company,
Incorporated acted as placement agent for the Shares and was paid $1,225,625 in
fees for its services as placement agent.
The Company has agreed to register the resale of the Shares with the
Securities and Exchange Commission.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
i-STAT Corporation has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
i-STAT CORPORATION
By : /s/ Roger J. Mason
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Roger J. Mason
vice President of Finance, Treasurer
and Chief Financial Officer
Date: July 1, 1997
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